July 19, 2018
Expedia says packages are better for hotels than room-only
Hotels are achieving higher average daily rates (ADR) from consumers who book packages rather than just rooms, according to data from Expedia Group.Read more
October 16, 2017
Airbnb guests who rent units in the building will have access to hotel-style amenities, which includes an app for hosts to handle things like check-ins, cleanings and linens.
Guests will also have access to an on-demand concierge, as well as luggage storage.
Tenants who choose to rent out their spaces on Airbnb will be automatically enrolled in the company’s Friendly Buildings Program, which launched in September of 2016. The program allows hosts to share revenue from each rental with the landlord or building owner.
Airbnb says that 11,000 units are enlisted in the Airbnb Friendly Buildings Program, which is a relatively small number, considering Airbnb has more than 4 million listings on the platform. Still, the program is relatively nascent and likely will build momentum on the heels of the Niido project. On average, tenants share 15 percent of revenue with landlords/owners.
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